Pakistan opens crypto licensing portal, sets Sept. 5 deadline for existing firms
Existing virtual asset providers must apply for an NOC by Sept. 5 or cease operations under Pakistan’s new regulatory framework. Source：Cointelegraph
Bessent's $4 billion bond buyback wanted lower yields. It got a bitcoin surge instead.
Bessent’s bondbuyback plan fails to curb Treasury yields. Here's what it means for bitcoin and gold Source：CoinDesk
Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
The firm raised $68 million as its revenue has grown sixfold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.…
Crypto holds big weekly rally as Warsh’s Jackson Hole debut comes into focus
Bitcoin holds above $77,000 after a 21% week, with XRP up 46% over the same stretch. Asian stocks fell as Samsung and Alibaba slid. Source：CoinDesk
We are so back! Bitcoin’s 23% rally on US debt policy: Hodler’s Digest
The US may face a debt crisis within three years according to Ray Dalio, and debtrelated issues helped fuel a rally in Bitcoin that could mark the beginning of…
Crypto card spending tops $1 billion as stablecoins move into everyday purchases
Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries, rides and…
Crypto’s next billion users might be AI agents, and they’re paying with stablecoins
According to Coinbase’s head of AI product, we’re currently in the “Napster/LimeWire era” of agentic payments. Source：CoinDesk
The Treasury’s bond-market intervention isn’t working. So what comes next?
You can’t just sweep $40 trillion in U.S. national debt under a rug and forget about it — or so the bond market appears to be telling Treasury Secretary Scott…
Crypto exchange BitMart weighs partial restart and creditor payouts weeks after announcing shutdown
The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9. Source：CoinDesk
Web3 gaming network Sandbox stops Base and BNB chain bridging after exploit
The Sandbox disabled bridging on affected networks to isolate tokens and warned users not to trade SAND on Base and BNB, citing an impact of under 0.01% of…
Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle
Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.…
MiCA is coming for DeFi vaults, but regulation will be difficult
Brussels is reviewing whether crypto lending should fall under MiCA, but DeFi lending vaults are making it harder to determine who, exactly, should be…